Whoa whoa, that's a big call mate.
The company is making a loss...and the company is in debt...
A chunk of the money raised through the IPO is going to be used to repay its loans, and open sales and markets centres, which they anticipate will take up to 2 years..
Let's call a spade a spade. Long long term here, I wouldn't be throwing Share Price figures like $3 around for a fair while!!
All purely my opinion obviously, but all referenced in their prospectus.
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